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surety

Dictionary definition · surety

noun

  1. something clearly established
  2. property that your creditor can claim in case you default on your obligation"bankers are reluctant to lend without good security"
  3. a prisoner who is held by one party to insure that another party will meet specified terms
  4. one who provides a warrant or guarantee to another
  5. a guarantee that an obligation will be met

Source: Open English WordNet (CC BY 4.0).